Amazon eyeing prescription drug business -CNBC
(Reuters) - Amazon.com Inc is in the final stages of deciding a strategy to get into the prescription drug market, CNBC reported on Friday, citing an email from the company and a source familiar with the matter.
Amazon will decide before Thanksgiving whether to move into selling prescription drugs online, CNBC reported.
Shares of drug retailers including Walgreens Boots Alliance Inc , CVS Health Corp and Rite Aid Corp tumbled on the news. http://cnb.cx/2hTIxvL
(Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva)
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